Analyst, Credit and CollectionsAdknowledge Inc.

THIS JOB HAS EXPIRED

Description

The Finance team, reporting to the CFO, is a shared service organization that provides accounting, accounts payable, collections, credit, financial analysis and reporting, payroll, tax, and treasury support to all channels of the Adknowledge business.

This position works in a team environment with other Credit and Collection Analysts to conduct credit investigations, manage credit lines, initiate collections from accounts, and ensure proper and timely remittance accounting. Works directly with Adknowledge sales management to ensure all steps have been taken to maximize the customer?s credit limit for the purpose of enhancing sales while mitigating risk. Primary duties include:

Credit Management:

Obtain and interpret credit reports, financial statements and other financial or accounting related information related to the extension of credit internationally
Collaborate with Adknowledge sales team to establish credit limits on customer accounts by investigating and verifying the financial status and reputation of customers applying for credit globally in accordance with the Adknowledge Credit & Collection Policy
Prepare documents to substantiate credit findings and establish credit limits on customer accounts
Manage special credit arrangements and deviations from standard terms of payment
Collections Management

Establish and maintain effective and cooperative working relationships with advertisers and sales
Hands-on responsibility for collecting advertiser accounts including establishing the appropriate internal and external relationships
Resolve client discrepancies, billing issues, short-payments and disputes
Prepare and review collection reports to ascertain the status of collections and outstanding balances to ensure compliance with the Adknowledge Credit & Collection policy
Generate and distribute aging reports to business leaders to assist in collection process
Enlist the efforts of sales and senior management when necessary to accelerate the collection process
Audit delinquent accounts considered to be uncollectable to ensure maximum efforts have been taken before assigning bad debt status to the account
Submit delinquent accounts to attorney or outside collection agency (when applicable) for collection purposes
Ensure all records are maintained and updated
Cash Application:
Ensure timely and accurate cash application
Work with Treasury and accounting team to ensure all incoming cash receipts are posted and balanced
?Accounting:

Assist Finance during month-end close process by reviewing trial balance accounts related to accounts receivable and bad debt for accuracy and consistency based on prior periods and budget forecasts
Reconcile all A/R balance sheet accounts monthly
Prepare all related month end reports.
Participate in annual audit
Complete all A/R related audit schedules according to timeline set forth by auditors

CANDIDATE OVERVIEW
The successful candidate will be a self-motivated team player with at least:
A Bachelor?s degree in Accounting, Finance or Business
Solid understanding of credit and collection analysis and processes
Revenue recognition accounting and financial analysis experience
Working knowledge of global economic conditions and international credit
Must be able to read and interpret credit reports, financial statements and other financial or accounting related information
The successful candidate will also demonstrate the following abilities:
Strong attention to detail
Strong and effective interpersonal and communication skills
Self-directed and ability to make independent business decisions
Time management and organization skills
Proficient in Microsoft Office applications, including Excel, PowerPoint, Word, etc.
Experience with Great Plains accounting system is a plus
Experience with Salesforce is a plus